Buyers Define Trust with Terms Such As

question 21

Multiple Choice

Buyers define trust with terms such as:

• A) honesty, guile, and precariousness.
• B) enablement, candor, and guile.
• C) candor, fairness, and confidentiality.
• D) predictability, infraction, and candor.
• E) security, honesty, and defraudment.

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Definitions:

Third-Party Beneficiary

An individual or entity that is not directly involved in a contract but stands to benefit from it as specified by the contracting parties.

Contract

A legally binding agreement between two or more parties that outlines obligations and rights with respect to each other.

Listed Party

An individual or entity that appears on a list due to certain criteria, often used regarding sanctions, where listed parties are restricted from certain transactions and relationships.

Enforceability

The ability of a legal document or agreement to be upheld or compelled by law in a court of justice.